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Placer Dome earns $284M in 2004; $11M for Donlin Creek in 2005

 

Last updated 2/27/2005 at Noon



Mining giant Placer Dome Inc. announced a 24 percent growth in earnings in 2004 to $284 million, partly due to "a number of tax items resulting in a net tax recovery of $130 million," the company said in a press release in mid-February.

Sales revenue increased 7 percent to $1.89 billion on gold production of 3.65 million ounces and copper production of 413 million pounds. Gold cash and total c...



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